Robinhood Markets Inc

For the period ended Jun 30, 2024. Filed Aug 8, 2024.

About this filing

A company's report for each of its first three quarters. The financial statements are not audited. It shows how the business has moved since the last annual report, and what management says changed.

Jun 30, 2024 · Filed Aug 8, 2024

HOOD$81.33-2.4%Stored close · as of Nov 10, 2026

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Contents

Item 1. Condensed Consolidated Statements of Operations

CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS

	Three Months EndedJune 30,		Six Months Ended June 30,
(in millions, except share and per share data)	2023	2024	2023	2024
Revenues:
Transaction-based revenues	$193	$327	$400	$656
Net interest revenues	234	285	442	539
Other revenues	59	70	85	105
Total net revenues	486	682	927	1,300
Operating expenses:
Brokerage and transaction	39	40	75	75
Technology and development	207	209	406	405
Operations	36	46	78	90
Marketing	25	64	51	131
General and administrative	159	134	806	252
Total operating expenses	466	493	1,416	953
Other income, net	2	2	2	6
Income (loss) before income taxes	22	191	(487)	353
Provision for (benefit from) income taxes	(3)	3	(1)	8
Net income (loss)	$25	$188	$(486)	$345
Net income (loss) attributable to common stockholders:
Basic	$25	$188	$(486)	$345
Diluted	$25	$188	$(486)	$345
Net income (loss) per share attributable to common stockholders:
Basic	$0.03	$0.21	$(0.54)	$0.39
Diluted	$0.03	$0.21	$(0.54)	$0.38
Weighted-average shares used to compute net income (loss) per share attributable to common stockholders:
Basic	904,984,863	881,076,624	900,977,045	878,198,015
Diluted	921,269,749	904,490,572	900,977,045	900,026,613

ContentsView on SEC.gov

The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.